Real Estate Trends What Will Home Prices Look Like Over the Next Few Years?
Seller Advice 4 Reasons to Sell This Fall 4 Reasons to Sell This Fall [INFOGRAPHIC] Some Highlights: Buyers are active in the market and often competing with one another for available listings. Housing inventory is still under the 6-month supply found in a normal housing market. Homes are still selling relatively quickly, averaging 31 days on the market.
Money & You One of the Top Reasons to Own a Home One of the Top Reasons to Own a Home One of the benefits of homeownership is that it is a “forced savings plan.” Here’s how it works: You make a mortgage payment each month. Part of that payment is applied to the principal balance of your mortgage. Each month you owe less on the home. The difference […]
Buyer Advice and Aid What Buyers Need to Know About HOAs What Buyers Need to Know About HOAs When searching for a home, you may end up selecting a property in a community with a Homeowners Association (HOA). Before you buy, it’s important to know how an HOA works and what they mean for you. According to a recent article on realtor.com, “In a nutshell, an HOA […]
Real Estate Trends Home Prices Increase in Every Price Range Home Prices Increase in Every Price Range CoreLogic’s Home Price Index (HPI) Report revealed, “National home prices increased 3.6% year over year in July 2019 and are forecast to increase 5.4% from July 2019 to July 2020.” They also analyzed four individual home-price tiers, showing the increase in each. Here’s the breakdown: To clarify the methodology, CoreLogic explains, “The […]
Buyer Advice and Aid Things to Avoid After Applying for a Mortgage Things to Avoid After Applying for a Mortgage Congratulations! You’ve found a home to buy and have applied for a mortgage! You’re undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time life changes, consult your loan officer – someone […]
Real Estate Trends 6 Graphs Showing the Strength of the Current Real Estate Market 6 Graphs Showing the Strength of the Current Housing Market [INFOGRAPHIC] Some Highlights: Keeping an eye on the current status of the housing market is one of the best ways to make powerful and confident decisions when buying or selling a home. Mortgage rates remaining near historic lows and houses selling in an average of […]
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Real Estate Trends SEPTEMBER BY THE NUMBERS
Media-Understand before You React What Is the Probability That Home Values Sink? What Is the Probability That Home Values Sink? With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with […]
Real Estate Trends Millennial Buying Power Poised to Boost Home Ownership Millennial Buying Power Poised to Boost Homeownership In a recent article by Realtor Magazine, Mark Fleming, Chief Economist of First American Financial Corporation, notes, “The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying years”. The article continues to describe how millennials have more buying-power than the generations that preceded them, […]
Seller Advice The Role Access Plays in Getting Your Home Sold The Role Access Plays in Getting Your House Sold So, you’ve decided to sell your house. You’ve hired a real estate professional to help you with the entire process and you’ve been asked what level of access you want to provide to potential buyers. There are four elements to a quality listing. At the top of the […]
Real Estate Trends Home Sales Expected to Continue Increasing In 2020 Home Sales Expected to Continue Increasing In 2020 Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting home sales will increase nicely in 2020. Below is a chart depicting the projections of each entity for 2019, as well as for 2020.As we can see, Freddie Mac, Fannie Mae, and the Mortgage Bankers Association all believe homes sales will increase steadily over the next […]
Buyer Advice and Aid A+ Reasons to Hire a Real Estate Professional A+ Reasons to Hire a Real Estate Pro [INFOGRAPHIC] Some Highlights: Hiring a real estate professional to help you buy your dream home or sell your current house is one of the most powerful decisions you can make. A real estate professional has the experience to help you confidently navigate through the entire process. Make […]
Media-Understand before You React Everybody Calm Down! This is NOT 2008 Everybody Calm Down! This Is NOT 2008 Last week realtor.com released the results of a survey that produced three major revelations: 53% of home purchasers (first-time and repeat buyers) currently in the market believe a recession will occur this year or next. 57% believe the next recession will be as bad or worse than 2008. 55% said they would […]
Buyer Advice and Aid Thinking of Buying or Selling? The Fall Buyer and Seller Guides are Here!
Buyer Advice and Aid How Property Taxes Can Impact Your Mortgage Payment How Property Taxes Can Impact Your Mortgage Payment When buying a home, taxes are one of the expenses that can make a significant difference in your monthly payment. Do you know how much you might pay for property taxes in your state or local area? When applying for a mortgage, you’ll see one of two […]
Real Estate Trends Home Ownership Will Always Be a Part of the American Dream Homeownership Will Always Be a Part of the American Dream On Labor Day we celebrate the hard work that helps us achieve the American Dream. Growing up, many of us thought about our future lives with great ambition. We drew pictures of what jobs we wanted to have and where we would live as a […]
Buyer Advice and Aid Don’t Fall Into the Rental Trap!
Money & You iBuyers: What Is the “Cost of Convenience” When Selling Your Home? iBuyers: What Is the “Cost of Convenience” When Selling Your Home? When thinking about selling their house, homeowners have many options. A relatively new option is using an “iBuyer.” What is an iBuyer? According to Jovio, the definition is: “A company or investor that uses Automated Valuation Models (AVMs) to make instant offers on homes. It […]